OIL complete AB=CD

OIL complete AB=CD

and price failed to break 73.

in 4h timeframe, we found a bearish engulfing

in 1h timeframe, we found an Inside Bar break down

Therefore, we can sell USOIL now
SL 73.10
TP1: 70.80
TP2: 68.00
TP3: 61.00

Commento:

Here is an Insdie Bar break down
and also retested the broken structure of 72.30

Commento:

TP1 HIT

Commento:

+140

Commento:

+280

Commento:

+400 PIPS

Commento:

Commento:

correction end.
another fall will come

Commento:

Again we see the power of AB=CD

Commento:

3 trade in oil recently, lose 2, win 1.
still positive 400pips